Panama Canal becomes greener
The Panama Canal Authority intends to enhance its green connection environmental recognition programme. This initiative encourages the shipping industry to mitigate the environmental impact of their operations through an incentive-based system that includes the green connection... more
Hapag Lloyd redeems its debts
The Hamburg (Germany)-based carrier Hapag-Lloyd has decided to fully redeem the outstanding EUR 280 million in aggregate principal amount of its outstanding 6.75% senior note due 2022 on 24 June 2019 at a fixed redemption price of 103.375%. The redemption will be done... more
More container capacities at Bristol Port
The capacity of Bristol Port’s container terminal (UK) has been significantly expanded by the completion of a GBP 9 million upgrade. The investment is a further commitment to the container services offered at Avonmouth and Portbury Docks. The geographical advantage of... more
Haropa continues to thrive at the start of 2019
Good figures for Haropa at the start of 2019: After two years’ growth in 2017 and 2018 when the port cooperation's seaborne traffic rose to 95 million t, business continued to thrive at the beginning of 2019. With a throughput of 40 million t at the end of May, Haropa's... more
The long journey of the "Chipolbrok Atlantic"
Recently, the, M/V “Chipolbrok Atlantic” arrived on its 14th voyage in the port of Bilbao (Spain), carrying a load of 84 wind blades. 60 units were stowed on deck whilst another 24 pieces had been loaded under deck. Upon completion of the operations, the vessel proceeded to... more
Environmental laurels for K Line
NOAA has honoured the Japanese carrier K Line with a gold award for the company’s participation in the 2018 voluntary vessel speed reduction (VSR) incentive programme with a high-level compliance rate. The programme aims to protect whales in the US waters of the Santa... more
Agreement on maritime data transfer
The cooperation between the ship tracking intelligence company Marine Traffic and the satellite AIS data provider exact Earth to deliver additional real-time information is now operational. The additional satellite data complements the MarineT raffic coastal receiver... more
"Monaco Maersk" sets a mark
The “Monaco Maersk” marked a new peak as the best loaded containership record with 19,284 teu on board when it departed Malaysia’s port of Tanjung Pelepas at the beginning of June 2019. These volumes on the “Monaco Maersk” eclipsed the 19,190 teu on the “MOL Tribune” in February... more
Three for NSR
The Russian Direct Investment Fund, the infrastructure operator of the NSR, Rosatom, Norilsk Nickel, a producer of palladium and nickel, and DP World have agreed to jointly implement a project for the integrated development of the Northern Sea Route (NSR). The quadrilateral... more
APL reduces emissions
APL has announced that it achieved a 47.4% reduction in carbon dioxide emissions per container transported per kilometre in 2018, compared to its base level in 2009. The result follows the environmental performance assessment (EPA) of APL’s 2018 carbon dioxide emission... more